Central Puerto Sa · BCBA:CEPU
Central Puerto Sa — Q1 2023 Earnings Presentation
14 slides from Central Puerto Sa's earnings presentation, May 15, 2023
Slide 1: 1Q2023 Results Call
1Q2023 Results Call May 15, 2023
Slide 2: Disclaimer
Disclaimer Additional information about Central Puerto can be found in the Investor Support section on the website at www.centralpuerto.com. This presentation does not contain all the Company’s financial information. As a result, investors should read this presentation in conjunction with Central Pu
Slide 3: 1Q2023 Results Call - Agenda
1Q2023 Results Call - Agenda ◼1Q2023 News ◼Industry Overview ◼Key Performance Indicators ◼1Q2023 Financials ◼Q&A
Slide 4: 1Q2023 News
1Q2023 News Resolution 826/2022 On December 14th, 2022, through Resolution 826/2022 the Secretariat of Energy authorizes generators a tariff increase of 25% in February 2023 and 28% in August 2023 to Spot Energy. Resolution 59/2023 On February 7th, 2023, through Resolution 59/2023 the Secretariat of
Slide 5: 1Q2023 News
1Q2023 News New investments and acquisitions In line with our growth strategy, focus on new opportunities in the energy sector and other business in which Argentina shows strong comparative advantages we performed the following transactions: - Proener S.A.U. acquires Enel Generación Costanera S.A. O
Slide 6: Industry Overview
Industry Overview Installed Capacity (MW EoP) Energy Generation +1% 42,871 43,278 5,156 (12%) Thermal 5,008 (12%) Hydro 1,755 (4%) 1,755 (4%) Nuclear Renewable 10,834 (25%) 10,834 (25%) 23,271 23,416 +74% 25,274 (59%) 25,533 (59%) -3% 8,602 -28% 4,954 4,872 4,720 2,622 1,889 1Q2022 1Q2023 Thermal Hy
Slide 7: Industry Overview
Industry Overview Energy Demand (GWh) +14% • Demand increased on January, February and March: 39,490 ✓Historically higher temperatures specially at the end of the 34,513 quarter. 19,435 15,556 Energy Demand per month (GWh) 9,909 10,648 +29% +4% 9,048 9,406 +13% 1Q2022 1Q2023 Residential Commercial G
Slide 8: Key Performance Indicators – 1Q2023
Key Performance Indicators – 1Q2023 Energy generation (GWh) +12% 65 (26) 514 5,137 4,585 1Q2022 Generation Thermal Units Hydro Generation Renewable energy 1Q2023 Generation 15% increase in energy generation* from 8% increase in energy 13% decrease in energy thermal units mainly from the acquisition
Slide 9: Key Financial Data – 1Q2023
Key Financial Data – 1Q2023 Adj. EBITDA exc. FONI FX Difference, interests and Revenues (in billions of Ps.) Biological Assets at fair value (in billions of Ps.) -20% -37% 35.1 26.3 26.1 27.9 15.3 16.5 1Q2022 4Q2022 1Q2023 1Q2022 4Q2022 1Q2023 Net Income (in billions of Ps.) Debt Position (in billio
Slide 10: Revenues
Revenues 1Q2023 Revenues (in billions of Ps.) -7.1 (2.8) (6.7) 1.0 (0.4) 1.8 0.0 35.1 27.9 25.1 1Q2022 Revenues Δ Spot Sales Δ Sales Under Δ Steam Sales Δ Other Income 1Q2023 Revenues Δ CECO Revenues Δ Forestry 1Q2023 Revenues (Energia Base) Contracts exc. acquisitions Segment Revenues Sales under c
Slide 11: Adj. EBITDA excluding FONI FX Difference, interest and Biological Assets fair value
Adj. EBITDA excluding FONI FX Difference, interest and Biological Assets fair value 1Q2023 Adj. EBITDA excluding FONI FX Difference, interest and Biological Assets fair value (in billions of Ps.) -9.8 (9.9) 0.6 (0.2) (1.5) 0.8 0.4 26.3 15.3 16.5 1Q2022 Adj. EBITDA Δ Revenues Δ Cost of Sales Δ Adm an
Slide 12: Consolidated Net income of Ps. 0.1 billion or 0.10 Ps. per share
Consolidated Net income of Ps. 0.1 billion or 0.10 Ps. per share 1Q2023 Consolidated Net Income (in billions of Ps.) -9.6 9.8 (9.8) 0.1 4.0 (7.6) 3.3 (1.8) 2.3 1Q2022 Consolidated Δ1Q2023 Adj. EBITDA Δ Results on net Δ Finance Results Net Δ Income Tax Δ FONI FX Difference Δ Biological Assets 1Q2023
Slide 13: Cash Flow bridge
Cash Flow bridge Cash Flow (in billions of Ps.) 5.6 (6.4) 0.9 (1.5) 1.1 11.3 10.9 Cash at the begining Operation Investing activities Financing activities Exchnage differences Loss on net Cash at the end of the period and other financial results monetary position of the period Operations ▲Net cash f
Slide 14: Many thanks for your attention!
Q&A Many thanks for your attention!